KapStone Reports Implementation of Contingency Plans to Address Longview Union Strike

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KapStone Paper and Packaging Corporation
KS
("KapStone") received a notice of a work stoppage from the union at its Longview, Washington mill, AWPPW Local 153 (the "Union"), effective on August 27, 2015. KapStone has been preparing for a potential strike since the Union voted down its prior offers. KapStone is conducting a cold mill outage to perform necessary maintenance to its machines and has full contingency plans in place to continue to service its customers during the strike. After the maintenance outage, KapStone plans to run its largest machine early next week, with subsequent machine operation to follow. KapStone does not expect any interruption of service or products to its customers.
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